Bank Transfer to Pakistan is open

So i just checked and it is open to all banks in pakistan. you can add your bank with the required details and can transfer money. However, i didnot receive money in local pakistani bank yet. Let's see after 3-5 days.

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Comments

Glad to know about this feature recently via email from Payoneer. Since you already made a withdrawal, do post back with the fees and conversion rates you got so that t rest of us can also know how good it is as compared to ATM withdrawals (which is not safe and also sometimes troublesome here in Pakistan)

> @mushtaqahmed said:
> I tried withdrawing to HBL. Request was processed very quickly. I withdrew like $560+ and the fee was like 1500 PKR. So yes, for such big amounts, Bank Withdrawal is awesome <3

owesome. Could you please tell me what was the exchange rate you got from bank? is this better than our normal ATM withdrawals? Plus are you using this services along with your Payoneer card or your card is canceled prior to this service?

Mushtaq Ahmad, That is great... The expense is almost identical to ATM but you get the advantage of avoiding the risk of TRANSACTION REVERSAL through ATM transactions... Mushtaq could you please tell me what is minimum and maximum limits of bank withdrawal?

> @mushtaqahmed said:
> I tried withdrawing to HBL. Request was processed very quickly. I withdrew like $560+ and the fee was like 1500 PKR. So yes, for such big amounts, Bank Withdrawal is awesome <3

Salaam Dear Mushtaq Sahib, can you please tell me about these details, 1 - when you make last withdraw as bank transfer in HBL? 2 -do u make withdraw in Your personal name Title account or your account is registered under any company name Title. 3 - How many days it takes to receive amount in your HBL account? 4- is any bank officer call you to inform you that you have received payment or you just check your account in routine?
Infact i am facing some issues in respect of receiving wire transfer payments so your answers/guidelines about above asked questions will surely be helped me. Thanks

1. My most recent bank withdrawal was on Sep 24, 2016.2. The bank that I've linked with Payoneer is an individual account, not a business account. And the title is 'Mushtaq Ahmed'. My payoneer title is also Mushtaq Ahmed.3. If you withdraw money on a working day, you shall be able to see the money in your bank account on the next day. I mean in my case, I've always received the money on next day after withdrawing.4. No, bank officer won't inform you. You'll have to check the balance by yourself. If you're a HBL user, you should download their Android app. It's amazing!

> @mushtaqahmed said:
> @maaiz Wa Alaikum Salaam,
>
> 1. My most recent bank withdrawal was on Sep 24, 2016.
> 2. The bank that I've linked with Payoneer is an individual account, not a business account. And the title is 'Mushtaq Ahmed'. My payoneer title is also Mushtaq Ahmed.
> 3. If you withdraw money on a working day, you shall be able to see the money in your bank account on the next day. I mean in my case, I've always received the money on next day after withdrawing.
> 4. No, bank officer won't inform you. You'll have to check the balance by yourself. If you're a HBL user, you should download their Android app. It's amazing!
>
> I hope my answers will help you!

Thanks Mushtaq Sahib for giving me answers with details.
Finally i successfully receive the GBP payment in my "Personal name" HBL bank account, Withdraw on 4 October 2016 Tuesday
and credited in my bank account very next day 5 October 2016 Wednesday and it is considered Home Remittance.
Dear Whenever/if you withdraw amount of PKR/ Above 2 Lakh so kindly share experience here or share information if maximum figure in lakhs/month
you receive in bank account by payoneer. As it will help me to calculate the results that how much we can receive per month practically
in our personal bank accounts per Calendar month.
Regards,

> @arshsah said:
> Guys,
>
> I did a transfer to my company account at 16th of September till today at 7th Oct not in my account i m contacting payoneer every day they promised to provide me tracking details but till now nothing.
>
> My account in UBL and i have added all correct details since we used to receive from upwork.com within 3-5 days.
>
> Any help?
>
> Thanks,

Dear, as per your statement withdraw payment in your company's account, it i considering
commercial transaction and state bank has very strict rules against commercial
transactions for usage of said amount against services providing by you if any, if you want the solution for receiving payments without no issue,
so just withdraw payments under your Personal name Title bank account( Current )
and you will be receiving payments with no issue. As regards your previous payment which
is yet not received to you, ask your bank's regional office " COMPLIANCE DEPARTMENT"
so that your said payment may be rejected and reverse back to payoneer so then
you will be able for withdraw said amount again under your personal name TITLE bank
account instead of any Company ( Commercial ) account.